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RLI (RLI) Retained Earnings : $1,725 Mil (As of Mar. 2024)


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What is RLI Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. RLI's retained earnings for the quarter that ended in Mar. 2024 was $1,725 Mil.

RLI's quarterly retained earnings increased from Sep. 2023 ($1,599 Mil) to Dec. 2023 ($1,610 Mil) and increased from Dec. 2023 ($1,610 Mil) to Mar. 2024 ($1,725 Mil).

RLI's annual retained earnings increased from Dec. 2021 ($1,228 Mil) to Dec. 2022 ($1,446 Mil) and increased from Dec. 2022 ($1,446 Mil) to Dec. 2023 ($1,610 Mil).


RLI Retained Earnings Historical Data

The historical data trend for RLI's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RLI Retained Earnings Chart

RLI Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,014.05 1,084.22 1,228.11 1,446.34 1,609.79

RLI Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,532.35 1,597.66 1,598.88 1,609.79 1,725.34

RLI Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


RLI  (NYSE:RLI) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


RLI (RLI) Business Description

Traded in Other Exchanges
Address
9025 North Lindbergh Drive, Peoria, IL, USA, 61615
RLI Corp underwrites property and casualty insurance through its subsidiaries. The company offers insurance coverage in the specialty admitted market, where the products are designed for special risks. It also offers products in the excess and surplus markets, which provides an alternative for customers with risks or loss exposures that generally cannot be written in the standard admitted market. RLI distributes property and casualty insurance through its wholly-owned branch offices that market to wholesale and retail producers. The company's insurance operation segments include casualty, property, and surety and it derives a majority of its revenue from the Casualty segment.
Executives
Michael J Stone other: President RLI Insurance Compan C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615
Michael E Angelina director C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVENUE, WHITE PLAINS NY 10471
Paul Bennett Medini director THE ACE BUILDING, 17 WOODHOURNE AVE, HAMILTON BERMUDA D0 HM 08
Susan S. Fleming director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Seth Anthony Davis officer: Vice President, Controller 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Debbie Sharell Roberts director 204 W. 59TH STREET, BURR RIDGE IL 60527
Kaj Ahlmann director 17945 ROSEWOOD STREET, STILWELL KS 66085
Aaron Paul Diefenthaler officer: VP, CIO 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Restrepo Robert P Jr director
Calvin Jr Butler director 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Todd Wayne Bryant officer: Vice President, Controller 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Jennifer L Klobnak other: Sr. VP, Operations - RLI Ins. 9025 N LINDBERGH DRIVE, PEORIA IL 61615
James J. Scanlan director 6 TODMORDEN LANE, ROSE VALLEY PA 19086
Gerald I Lenrow director 4052 MANSION DR N.W., WASHINGTON DC 20007
Jonathan E Michael director, officer: President C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615

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